Australia Wind Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market Report Covers Wind Energy Companies in Australia and is segmented by location of deployment (Offshore and Onshore).

Australia Wind Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Australia Wind Energy Market Size

Australia Wind Energy Market
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 6.50 %
Market Concentration Medium

Major Players

Australia Wind Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Australia Wind Energy Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Australia Wind Energy Market Analysis

The Australia Wind Energy Market is expected to register a CAGR of greater than 6.5% during the forecast period.

  • With a significant installed onshore wind generation capacity of around 7.29 GW in 2020, the onshore sub-sector is expected to dominate the Australian wind energy market during the forecast period.
  • Increased demand for electricity in the country is expected to provide market opportunities for wind power development in the coming years. The massive wind power potential and a decline in the cost of wind energy are likely to provide widespread business opportunities to the market in the coming years.
  • Favorable government policies and increasing investments in the wind energy sector will likely drive the market during the forecast period.

Australia Wind Energy Industry Overview

The Australian wind energy market is moderately fragmented. Some of the key players in this market include Vestas Wind Systems AS, Acciona SA, Suzlon Energy Limited, Neoen SA, and Tilt Renewables.

Australia Wind Energy Market Leaders

  1. Tilt Renewables

  2. Vestas Wind Systems A/S

  3. Acciona SA

  4. Suzlon Energy Limited

  5. Neoen SA

  6. *Disclaimer: Major Players sorted in no particular order
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Australia Wind Energy Market News

  • In December 2021, Australian energy company Alinta Energy announced to build a 1GW wind farm in Portland, south-western Victoria. The project would supply the Portland Aluminium Smelter and connect to the east coast electricity grid.
  • In September 2021, Vestas, in partnership with Tilt Renewables, announced to secure a 396 MW contract for Rye Park Wind Farm in New South Wales, Australia. As the second project in the Asia Pacific to feature the EnVentus platform, Vestas will supply and install 66 V162-6.2 MW wind turbines in 6.0 MW operating mode for the project.

Australia Wind Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Wind Energy Capacity and Forecast, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Location of Deployment
    • 5.1.1 Onshore
    • 5.1.2 Offshore

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Tilt Renewables
    • 6.3.2 WestWind Energy Australia
    • 6.3.3 Neoen SA
    • 6.3.4 Acciona SA
    • 6.3.5 Suzlon Energy Limited
    • 6.3.6 Vestas Wind Systems AS
    • 6.3.7 Xinjiang Goldwind Science & Technology Co. Ltd
    • 6.3.8 Infigen Energy
    • 6.3.9 WestWind Energy
    • 6.3.10 Epuron Pty Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Australia Wind Energy Industry Segmentation

The Australian wind energy market report includes:

Location of Deployment Onshore
Offshore
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Australia Wind Energy Market Research FAQs

What is the current Australia Wind Energy Market size?

The Australia Wind Energy Market is projected to register a CAGR of greater than 6.5% during the forecast period (2025-2030)

Who are the key players in Australia Wind Energy Market?

Tilt Renewables, Vestas Wind Systems A/S, Acciona SA, Suzlon Energy Limited and Neoen SA are the major companies operating in the Australia Wind Energy Market.

What years does this Australia Wind Energy Market cover?

The report covers the Australia Wind Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Australia Wind Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Australia Wind Energy Industry Report

The Australian wind energy market is poised for significant growth, driven by the increasing installation of onshore wind projects and the declining costs of wind energy, enhancing its adoption. The onshore segment is expected to dominate the wind turbine market, bolstered by several large-scale projects planned for commissioning. Supported by favorable government policies and substantial investments aimed at expanding wind power in Australia, including solar, battery, and storage projects, the market is underpinned by strategies like the Technology Investment Roadmap and the Renewable Energy Target. These initiatives aim to meet emissions reduction targets and financially support the renewable sector, including wind energy companies in Australia. Despite robust growth prospects, challenges from the rising adoption of alternative renewable sources like solar power could impact market dynamics. Overall, the sector offers widespread business opportunities, supported by a strong governmental framework and strategic investments. For detailed statistics on the Australia Wind Energy market share, size, revenue growth rate, and a market forecast outlook, access a sample of this industry analysis as a free report PDF download from Mordor Intelligence™ Industry Reports.